Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > News > Nanosphere sees profits in units' cartridges

November 25th, 2007

Nanosphere sees profits in units' cartridges

Abstract:
Nanosphere's automated genetic testing equipment sells for $50,000 per unit, but despite the hefty price tag the Northbrook-based start-up isn't counting on much profit selling boxes.

It's the cartridges used for each test, which go for $65 each, where Nanosphere figures to generate revenue.

"Ours is a razor/razor blade business model," said William Moffitt, Nanosphere's chief executive. "We want to place our equipment in hospital labs so they'll start buying our cartridges."

The plastic cartridges contain genetic material, nanoparticles and chemicals made and packaged in Nanosphere's high-tech operation. Having recently won regulatory approval from the Food and Drug Administration, Nanosphere is rolling out its products slowly, starting with half a dozen hospital labs where company representatives spend a lot of time helping hospital technicians learn to use the equipment.

Source:
chicagotribune.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Nanomedicine

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Nanotechnology and math deliver two-in-one punch for cancer therapy resistance June 24th, 2016

Self-assembling icosahedral protein designed: Self-assembling icosahedral protein designed June 22nd, 2016

Stealth nanocapsules kill Chagas parasites in mouse models June 22nd, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Superheroes are real: Ultrasensitive nonlinear metamaterials for data transfer June 25th, 2016

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state June 25th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Ultrathin, flat lens resolves chirality and color: Multifunctional lens could replace bulky, expensive machines June 25th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic